Cryptocurrencies
Comments
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I'm such an idiot... I had Chuck Sperry's Lotus eater on my mind...my2hands said:
Do you mean Tulip bubble?tempo_n_groove said:
Microsoft, Intel and JP morgan are a few of the big business backers too.rgambs said:I just don't see how the value won't collapse, statistically almost nobody is using it as currency, it is only being used as an investment backed by nothing.
It's the ultimate fiat currency, which is why I'm confused it's been so largely embraced by the alt-right and libertarians.
I wonder if this will be like the Lotus bubble? Everybody should research the Lotus Bubble.
Yes it's Tulip bubble...0 -
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?0 -
There are a few ETFs with cryptocurrencies as part of their portfolio and some investment banks and hedgefunds have started to discuss trading crypto futures.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?0 -
I don't want the futures as of yet. I'd like to be able to have holdings of the multiple Crypto accounts.jerparker20 said:
There are a few ETFs with cryptocurrencies as part of their portfolio and some investment banks and hedgefunds have started to discuss trading crypto futures.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?
Any info you have via PM or here is greatly appreciated.
Thanks0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
It is generally considered unwise to do this because you don't control your private keys.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?0 -
PMing you.unsung said:
It is generally considered unwise to do this because you don't control your private keys.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?0 -
Buy some bitcoin on coinbase or some other platform, move it to Bittrex or some other trading platform. Buy other alt currency and viola!!! You have other coins. I am considering getting some kind of cold storage device to take them off the exchange for long term holding.0
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Do you say this from fear of government intervention, or just the fact that one can't vouch for the security of these 'holding' companies?unsung said:
It is generally considered unwise to do this because you don't control your private keys.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?'05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 10 -
Email just received fro Southern Poverty Law Center:
https://www.splcenter.org/hatewatch/2017/12/27/place-traditional-fundraising-sources-bitcoin-fills-gap-hate-groupsAmazon Smile, PayPal and credit card processors said no to the “alt-right” and other racist and white nationalists using their networks.In place of traditional fundraising sources, bitcoin fills a gap for hate groups
So, they turned to bitcoin, an online-only cryptocurrency not backed or used by any government.
The internet currency is a relatively recent invention.
Released publicly as open-source software in 2009 by an anonymous group, bitcoin doesn’t have a central bank or main agency policing it. Instead, a network of users conducts peer-to-peer transactions directly with the exchanges being verified by computer and logged publicly in what’s called a blockchain.
While the blockchain allows transactions to be tracked, it doesn’t give away the identities of either side of the transaction.
The University of Cambridge estimates that, in 2017, between 2.9 and 5.8 million unique users made use of cryptocurrency, with many using bitcoin.
And, bitcoins can be used to purchase all manner of goods and services and it can be used to make donations.
That’s primarily how the alt-right is using the cryptocurrency.
Websites such as WeSearchr, which raises money for a “bounty” for information, and Hatreon, where donations can be made to alt-right figures such as Andrew Anglin, primarily use bitcoin for fundraising.
Bitcoin purchases can be traced by a determined researcher. And, the Southern Poverty Law Center will be releasing a list of 200 accounts tied to white nationalists and racists in the coming week.
Forbes Magazine put bitcoin’s secrecy to the test by purchasing small amounts of marijuana online, then asking a researcher to see if she could figure out where the transactions originated.
She found the buys and traced it back to Forbes.
"It's a sad and beautiful world"-Roberto Benigni0 -
What?0
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What it says. I've never know SPLC to waver from the truth.buck502000 said:What?
"It's a sad and beautiful world"-Roberto Benigni0 -
More on that:
http://www.independent.co.uk/news/world/americas/bitcoin-latest-updates-cryptocurrency-boom-banned-extremist-groups-unite-the-right-charlottesvile-a8130171.htmlBitcoin latest: How the cryptocurrency boom has played into hands of extremist groups
Far-right leaders were early adopters of online currency as it allows them to operate beyond government controlAfter the bloody Unite the Right rally in Charlottesville, Virginia, in August, technology companies tightened rules against hate speech and banned many extremists from using web hosting services, social media platforms and online payment systems.
But some on the farthest edges of the political spectrum soon found an effective tool for thwarting this industry crackdown: bitcoin.
Even before Charlottesville, Richard Spencer, a prominent member of the alt-right, a group that espouses racist, anti-Semitic and sexist views and seeks a whites-only state, had gone as far as declaring bitcoin "the currency of the alt right." But far-right political leaders and experts on extremist movements alike say the adoption of bitcoin gained new urgency after Charlottesville as extremists looked for ways to operate beyond the reach of government control and the shifting policies of US tech companies.
More at link
"It's a sad and beautiful world"-Roberto Benigni0 -
"It's a sad and beautiful world"-Roberto Benigni0
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unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487That's all pretty stupid.0
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unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487Anyone that thinks bitcoin is secret doesn't know crypto. Bitcoin is not secret. Pay your govt extortion and be done with it.
The whole tied to the alt right is just ridiculous. Guess what else they use, CASH and CREDIT. They probably use telephones too.0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
Is this a serious question or are you trying to bait me?benjs said:
Do you say this from fear of government intervention, or just the fact that one can't vouch for the security of these 'holding' companies?unsung said:
It is generally considered unwise to do this because you don't control your private keys.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?
Because in this thread I am trying to not play your politics.0 -
unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
I will respond.tempo_n_groove said:
PMing you.unsung said:
It is generally considered unwise to do this because you don't control your private keys.tempo_n_groove said:
Is there a company that puts holdings in all of them?unsung said:How much crypto do you have?
The fees are high right now but they are working on Lightning which should reduce them.
Basically I'd like to put money in one place and let them take care of it.
Anything out there?0 -
I thought crypto was for degenerate speculators like me. Oh well.0
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You guys don't seem to be interested in actually talking about cryptocurrencies beyond dishing about your holdings.Monkey Driven, Call this Living?0
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unsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487Have you asked anything or do you just want to inject your opinions?0
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